Amgen Inc. (AMGN) Presents at Jefferies Global Healthcare Conference 2026 Transcript
(AMGN) Jefferies Global Healthcare Conference 2026 June 4, 2026 9:55 AM EDT Peter Griffith - Executive VP & CFONarimon Honarpour - Senior Vice President of Global DevelopmentKave Niksefat - Senior Vice President of Global Marketing & Access Akash Tewari - Jefferies LLC, Research Division Akash TewariJefferies LLC, Research Division Good morning, everyone.
Really pleased to see a packed room and really that goes for right now and also just the entire conference.
My name is Akash Tewari, I head our pharma and biotech efforts here at Jefferies on the research side.
I'll hand it off maybe to Peter for opening remarks, and we'll get going.
So we're just -- we're really glad to be here with you.
We appreciate your interest in Amgen and a couple of thoughts for you here before we get going into the Q&A.
We believe there are lots of ways to win for Amgen, especially for patients.
We're pleased with the strong first quarter performance, which reinforces 2026 as a springboard year for Amgen.
This is a year which we expect our rapidly growing products to offset the impact of the loss of expirations on our denosumab franchise and the increased competition there that will occur throughout this year.
In the first quarter, we did exactly that.
Revenue was up 6% year-over-year and non-GAAP earnings per share was up 5% year-over-year, demonstrating the disciplined financial management that is historic for Amgen.
16 products delivering double-digit or better sales growth, 17 products annualizing at $1 billion or.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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